Loja Real Estate LLC buys Tampa Trader Joe's

BUYER: LOJA FL Retail LLC (principal: Tom Engberg), Walnut Creek, Calif.
SELLER: CAP Dale Mabry LLC
PROPERTY: 3808 W. Swann Ave., Tampa
PRICE: $8.18 million
PREVIOUS PRICE: $2.7 million, August 2013

PLANS, DESCRIPTION:
Loja Real Estate LLC, a subsidiary of the California real estate investment management firm Loja Group LLC, purchased a 12,318-square-foot building housing Trader Joe's for $8.18 million.

The price equated to $664 per square foot. That figure is higher than the two-year average price per square foot for retail space ($146) in the Tampa Bay area, according to the CoStar Group.